Examlex
In a counterargument to the claims made in The Bell Curve,a team of sociologists from the University of California-Berkeley asserted that the factor that is more important than intelligence in determining how well people do in life is:
Increased Taxes
A financial situation where a government raises the rates of taxes, affecting individuals or businesses.
Reduced Government Spending
A situation where the government decreases its expenditure in various sectors to manage its budget, often affecting public services and investments.
Expansionary Monetary Policy
Government actions to increase the money supply in an effort to cut the cost of borrowing, which encourages business decision makers to make new investments, in turn stimulating employment and economic growth.
Money Supply
The total amount of monetary assets available in an economy at a specific time.
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